CSPC Innovation Pharmaceutical Co Ltd Class A (300765) — Working Capital to Net Assets Ratio
CSPC Innovation Pharmaceutical Co Ltd Class A (300765) has a Working Capital to Net Assets ratio of -0.1% as of March 2026. Working capital of CN¥-2.04 Million (current assets of CN¥2.77 Billion minus current liabilities of CN¥2.77 Billion) is measured against net assets of CN¥2.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CSPC Innovation Pharmaceutical Co Ltd Cl financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CSPC Innovation Pharmaceutical Co Ltd Class A Working Capital to Net Assets (2014–2025)
This chart shows how CSPC Innovation Pharmaceutical Co Ltd Class A's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at -0.1%, reflecting working capital of CN¥-2.04 Million against net assets of CN¥2.67 Billion CNY. See CSPC Innovation Pharmaceutical Co Ltd Cl (300765) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for CSPC Innovation Pharmaceutical Co Ltd Class A (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for CSPC Innovation Pharmaceutical Co Ltd Class A from 2014 to 2025, covering 12 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see CSPC Innovation Pharmaceutical Co Ltd Cl market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 5.2% | CN¥144.01 Million | CN¥2.80 Billion | CN¥2.85 Billion | CN¥2.71 Billion | ▼ -25.3 pp |
| 2024 | 30.4% | CN¥1.37 Billion | CN¥4.50 Billion | CN¥2.80 Billion | CN¥1.43 Billion | ▼ -19.1 pp |
| 2023 | 49.5% | CN¥2.71 Billion | CN¥5.48 Billion | CN¥4.62 Billion | CN¥1.90 Billion | ▼ -16.6 pp |
| 2022 | 66.1% | CN¥2.61 Billion | CN¥3.94 Billion | CN¥3.19 Billion | CN¥582.77 Million | ▲ +3.1 pp |
| 2021 | 63.0% | CN¥2.08 Billion | CN¥3.30 Billion | CN¥2.49 Billion | CN¥408.64 Million | ▲ +0.6 pp |
| 2020 | 62.5% | CN¥1.68 Billion | CN¥2.69 Billion | CN¥1.91 Billion | CN¥235.05 Million | ▼ -1.2 pp |
| 2019 | 63.6% | CN¥1.54 Billion | CN¥2.42 Billion | CN¥1.94 Billion | CN¥400.76 Million | ▲ +32.4 pp |
| 2018 | 31.2% | CN¥311.57 Million | CN¥999.35 Million | CN¥660.92 Million | CN¥349.35 Million | ▲ +6.2 pp |
| 2017 | 25.0% | CN¥191.73 Million | CN¥766.93 Million | CN¥466.32 Million | CN¥274.59 Million | ▲ +19.2 pp |
| 2016 | 5.8% | CN¥33.00 Million | CN¥572.02 Million | CN¥392.80 Million | CN¥359.80 Million | ▼ -56.3 pp |
| 2015 | 62.1% | CN¥389.06 Million | CN¥626.83 Million | CN¥561.79 Million | CN¥172.74 Million | ▲ +17.4 pp |
| 2014 | 44.7% | CN¥239.85 Million | CN¥537.16 Million | CN¥498.82 Million | CN¥258.97 Million | — |